How to motivate your lender to say, “Yes”

Aug 02, 2019

By Jonathan Laporte

Making your first request for a farm loan is an important moment for you as a young or beginning farmer. It’s when the whole idea of running your own business truly becomes real for you. It is something you have thought about and worked hard for a long time to achieve. You want the lender to understand and acknowledge your commitment as well as be impressed with your ideas for the farm. Simply put, you want that lender to say, “yes!” to your plan and make an investment in your farm.

How can you provide assurance to the lender and convince them to make that investment?

Introducing the latest bulletin in the Beginning Farmers DEMaND (Developing and Educating Managers and New Decision-makers) series entitled: How to Motivate Your Lender to Say, “Yes”. In this bulletin, MSU Extension provides a look inside the lending process to understand how it works and what the lender wants to see. Most importantly, how you can prepare to discuss the details of your farm business that encourages confidence and motivation for the lender to say “yes” to your request.

Source : msu.edu

Video: Making budget friendly pig feed on a small livestock farm

I am going to show you how we save our farm money by making our own pig feed. It's the same process as making our cattle feed just with a slight adjustment to our grinder/ mixer that makes all the difference. We buy all the feed stuff required to make the total mix feed. Run each through the mixer and at the end of the process we have a product that can be consumed by our pigs.

I am the 2nd generation to live on this property after my parents purchased it in 1978. As a child my father hobby farmed pigs for a couple years and ran a vegetable garden. But we were not a farm by any stretch of the imagination. There were however many family dairy farms surrounding us. So naturally I was hooked with farming since I saw my first tractor. As time went on, I worked for a couple of these farms and that only fueled my love of agriculture. In 2019 I was able to move back home as my parents were ready to downsize and I was ready to try my hand at farming. Stacy and logan share the same love of farming as I do. Stacy growing up on her family's dairy farm and logans exposure of farming/tractors at a very young age. We all share this same passion to grow a quality/healthy product to share with our community. Join us on this journey and see where the farm life takes us.